Terex Corp (TEX) Stock AnalysisTEXStock AnalysisTerex Corp

Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, customized vehicle solutions, mobile elevating work platforms (MEWPs), equipment for the electric utility industry, commercial and custom fire and ambulance vehicles, and recreational vehicles. The Company's segments include Environmental Solutions (ES), Material Processing (MP), Specialty Vehicles (SV) and Aerials. Its ES segment designs, manufactures, services and markets waste, recycling and utility equipment and solutions, including refuse collection bodies, hydraulic cart lifters, automated carry cans, compaction, balers, recycling equipment, digger derricks, insulated aerial devices, and cameras with integrated smart technology. Its MP segment designs, manufactures, services and markets materials processing and specialty equipment, including crushers, washing systems, screens, trommels, apron feeders, material handlers, and others. It operates in the Industrials sector (INDUSTRIAL TRUCKS, TRACTORS, TRAILORS & STACKERS industry).

Terex Corp is a good buy right now due to its strong growth potential and favorable analyst ratings. The current price is $63.73, with a forward P/E ratio of 13.16, indicating that the stock is reasonably valued compared to its expected earnings growth. Additionally, the company has demonstrated a significant revenue growth of 14.1% annually over the last five years and is projected to achieve a 27.6% sales growth in the next 12 months. However, a potential risk is the RSI of 33.73, which suggests the stock is currently oversold, indicating possible short-term volatility.

19 analysts cover TEX: 7 rate it Buy, 10 Hold and 2 Sell. The average price target is 62.70.